Friday's ETF Movers: ILF, REM
ETF Channel Staff - Friday, March 24, 2:43 PMIn trading on Friday, the iShares Latin America 40 ETF (ILF) is outperforming other ETFs, up about 1.1% on the day. Components of that ETF showing particular strength include shares of Companhia Energética de Minas Gerais (CIG), up about 4.5% and shares of Latam Airlines Group (LFL), up about 3.3% on the day.
And underperforming other ETFs today is the iShares Mortgage Real Estate Capped ETF (REM), off about 2.2% in Friday afternoon trading. Among components of that ETF with the weakest showing on Friday were shares of Cherry Hill Mortgage Investment (CHMI), lower by about 2.2%, and shares of New York Mortgage Trust (NYMT), lower by about 1.3% on the day.